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Gu Jingci: Bitcoin/Ethereum long positions successfully rallied on February 23, with further upside potential expected tonight.

2026-02-23 12:47:06
Shareshare
During the early morning dip in Bitcoin/Ethereum, I repeatedly advised going long, and the price subsequently rallied significantly. Currently, the price has retraced somewhat after the initial rise, but the pullback is not substantial, indicating strong support below. The key resistance levels to watch are 66500 and 1930. A break above these levels would target 68000 and 1980, which are also key levels from previous consolidation phases. Looking at the Bitcoin/Ethereum candlestick pattern, the early morning drop followed by a rebound suggests some buying support, but the overall trend remains downward. Technically, both the DIF and DEA are below the zero line, with the DIF still lower than the DEA. The MACD histogram is negative, indicating a bearish market. The MACD histogram is narrowing, suggesting weakening bearish momentum, but a golden cross has not yet formed. Furthermore, the RSI has not made a new low, forming a clear bullish divergence, indicating weakening short-term downward momentum and a potential rebound or consolidation. Evening Trading Suggestions: Continue to buy Bitcoin around 65300-65800, with a target of 68000-69000; continue to buy Ethereum around 1880-1900, with a target of 1970-2000. Our daily analysis and strategies have a high win rate and are readily available. However, these analyses and strategies are for reference only; please bear your own risks. Article review and publication are not timely; please refer to real-time updates.
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